2024-05-06T07:37:53-05:00 2023-06-30 561750124 BATCHELOR TILLERY & ROBERTS LLP 3605 GLENWOOD AVENUE SUITE 350 RALEIGH NC 27612 990 2022-07-01 020624214 ST THOMAS MORE ACADEMY INC STTH 9198787640 4641 PARAGON PARK ROAD RALEIGH NC 27616 WILLIAM H FRANCIS JR CORPORATE SECRETARY 9198787640 2024-05-03 1 WILLIAM FRANCIS JR 999009999 0 KEITH A WASSERMAN P00072834 9197878212 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z WILLIAM H FRANCIS JR 4641 PARAGON PARK ROAD RALEIGH NC 27616 2925509 0 X WWW.STMACADEMY.ORG X 2002 NC ST. THOMAS MORE ACADEMY PROVIDES A CLASSICAL COLLEGE-PREPARATORY CURRICULUM FOR GRADES 9-12 THAT FULLY PARTICIPATES IN THE ROMAN CATHOLIC TRADITION. 3 3 39 48 0 0 651500 522900 1419484 1487429 170298 -187470 0 0 2241282 1822859 120350 112356 0 0 1256544 1372750 0 0 8720 994331 1075231 2371225 2560337 -129943 -737478 7702453 6966900 309651 99923 7392802 6866977 ST. THOMAS MORE ACADEMY PROVIDES A CLASSICAL COLLEGE-PREPARATORY HIGH SCHOOL CURRICULUM FOR GRADES 9 THROUGH 12 THAT FULLY PARTICIPATES IN THE ROMAN CATHOLIC TRADITION. 0 0 2322479 112356 1487429 EXPENSES WERE INCURRED TO OPERATE A SCHOOL FOR 251 HIGH SCHOOL STUDENTS. THESE EXPENSES INCLUDED TEACHER SALARIES, EDUCATIONAL MATERIALS AND STUDENT ACTIVITIES. 2322479 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 7 0 1 39 0 0 0 0 0 0 0 0 0 0 0 X 3 3 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X WILLIAM H FRANCIS JR 9198822410 4641 PARAGON PARK ROAD RALEIGH NC 27616 ROBERT L LUDDY PRESIDENT 2.00 X X 0 0 0 RANDOLPH L LUDDY DIRECTOR 2.00 X 0 0 0 BRADLEY E WATKINS HEADMASTER 40.00 X X 106431 0 5057 WILLIAM H FRANCIS JR CORPORATE SECRETARY 2.00 X 0 0 0 106431 0 5057 1 0 0 0 0 522900 522900 TUITION 900099 1409370 1409370 STUDENT ACTIVITY FEES 611170 78059 78059 1487429 28758 28758 886422 1102650 -216228 -216228 -216228 1822859 1487429 0 -187470 112356 112356 110920 110920 1116209 1116209 21617 21617 29383 29383 94621 88141 6480 12062 12062 15050 15050 11127 11127 8720 8720 42352 32379 9973 14992 11244 3748 75514 75514 6856 3428 3428 519841 519841 11831 11831 MAINTENANCE AND REPAIRS 183454 132947 50507 STUDENT ACTIVITIES 134005 134005 EDUCATIONAL SUPPLIES 26922 26922 DUES AND SUBSCRIPTIONS 11301 5650 5651 1204 1012 192 2560337 2322479 229138 8720 523983 68418 18628 4469 9519885 3635853 6222415 5884032 897500 994589 39927 15392 7702453 6966900 233298 15823 76353 84100 309651 99923 X 7392802 6866977 7392802 6866977 7702453 6966900 -737478 211653 0 X 1 X 0 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 417816 417816 7697643 2646533 5051110 33648 12470 21178 1370778 976850 393928 5884032 1,000,000 UTS US TREASURY BILL DUE 08/10/23 994589 F 994589 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ST. THOMAS MORE ACADEMY PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY THROUGH NEWSPAPER ADS AND RECRUITMENT MATERIALS USED IN SOLICITING STUDENTS. 1 FINANCIAL ASSISTANCE 24 91856 COLLEGE SCHOLARSHIPS 9 20500 SCHEDULE I, PART I, LINE 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS: THE SCHOOL USES AN OUTSIDE SERVICE TO COLLECT AND PROCESS FINANCIAL INFORMATION PROVIDED BY APPLICANTS. THIS SERVICE IS PROVIDED BY FACTS GRANT & AID. APPLICANTS SUBMIT THEIR FAMILY FINANCIAL INFORMATION TO FACTS FOR PROCESSING. A SUMMARY REPORT OF THIS INFORMATION IS SENT TO THE SCHOOL. WHEN THIS REPORT IS RECEIVED, THE FINANCIAL AID COMMITTEE REVIEWS THE REPORT AND MAKES AWARDS CONSIDERING THE INFORMATION PROVIDED IN THAT REPORT. CAPTIVE-AIR SYSTEMS INC ENTITY MORE THAN 35% OWNED BY ROBERT L. LUDDY, DIRECTOR 84488 HEALTH INS./RETIREMENT PLANS 0 SCHEDULE L, PART IV DESCRIPTION OF TRANSACTION: CAPTIVE-AIRE SYSTEMS, INC. IS 100% OWNED BY ROBERT L. LUDDY, A DIRECTOR OF ST. THOMAS MORE ACADEMY, INC. THE TEACHERS OF ST. THOMAS MORE ACADEMY, INC. PARTICIPATE IN HEALTH INSURANCE AND RETIREMENT PLANS ADMINISTERED BY CAPTIVE-AIRE SYSTEMS, INC. FORM 990, PART VI, SECTION A, LINE 2 ROBERT L. LUDDY AND RANDOLPH L. LUDDY - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS: THE COMPLETED FORM 990 WAS REVIEWED BY THE FINANCE OFFICER, WHO DISCUSSED QUESTIONS AND ISSUES WITH THE TAX PREPARER. THE FINANCE OFFICER THEN REVIEWED THE FINAL FORM 990 WITH THE CHAIRMAN OF THE BOARD OF DIRECTORS BEFORE FILING ELECTRONICALLY. FORM 990, PART VI, SECTION B, LINE 12C MONITORING CONFLICTS OF INTEREST: ANNUAL CONFLICT DISCLOSURES ARE REQUIRED AND ARE REVIEWED BY THE FINANCE OFFICER. INDEPENDENTLY, DURING THE ACCOUNTS PAYABLE PROCESS, INVOICES ARE REVIEWED AND ANY POTENTIAL CONFLICT OF INTEREST ISSUES ARE RESOLVED PRIOR TO PAYMENT. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION: THE TOP MANAGEMENT OFFICIAL OF THE SCHOOL IS THE HEADMASTER. COMPENSATION WAS DETERMINED BASED UPON REVIEW OF COMPENSATION OF SIMILAR POSITIONS AT OTHER PRIVATE SCHOOLS IN THE AREA, EXPERIENCE AND SENIORITY, ALONG WITH EVALUATION OF OVERALL PERFORMANCE BASED ON MULTIPLE ISSUES, INCLUDING A PERFORMANCE REVIEW PREPARED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 MAKING INFORMATION AVAILABLE TO THE PUBLIC: DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST.